JENSEN Tools + Supply Becomes a Techni-Tool Brand

Parent company TestEquity makes the move as part of its corporate rebrand

MOORPARK, CA, May 8, 2019 -- TestEquity, the
single-source provider for test solutions and electronic production supplies, announced today that JENSEN Tools
+ Supply - now known as Jensen - will continue as a brand and product line under the Techni-Tool name.

TestEquity has provided high-quality test and measurement equipment and solutions for nearly 50 years. In January
of 2017, the company acquired JENSEN Tools + Supply, one of the nation’s foremost suppliers of production
supplies, custom tool kitting, and inventory management solutions. The following year, TestEquity acquired
Techni-Tool, a leader in electronic production supplies.

"Organic growth, acquisitions and our ability to service the entire product lifecycle have led to TestEquity’s
position as North America’s most trusted single-source provider of test equipment and electronic production
supplies," said Dan Copsey, president and CEO at TestEquity. "Joining these two companies allows us to better
serve the needs of more than 20,000 diverse customers as one unified company."

Together, Techni-Tool and Jensen provide complementary products and solutions to wide-ranging companies across
electronics, aerospace and defense, automotive, medical, and education. All Jensen tool kits, while part of the
Techni-Tool family of products, will retain their current product names.

A company-wide re-brand includes a soon-to-be-launched Techni-Tool website, a state-of-the-art e-commerce
platform, and tighter integration between the businesses delivering improved coverage, expertise, and quality of
service to our customers and partners.

Rebranding will not affect or delay any current or future orders of Jensen products. For more information, please
visit the related FAQs.

TestEquity is a single source for test solutions and electronic production
supplies to enable customer innovation. TestEquity is a partner and trusted advisor to over 20,000 customers
across aerospace and defense, automotive, electronics, education, and medical industries. TestEquity’s new,
rental, and certified pre-owned solutions and services speed product time to market and optimize investments.
More information is available at www.testequity.com.